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Nonprofit · EIN 20-3246207

READ AND FEED

Tax-exempt · CARY, NC 27511

Financials

$628K$469K2022
Revenue Expenses · by fiscal year end
Financials of READ AND FEED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$628,125$468,739$159,386$989,360$53,395$935,965
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$618,803
Program service revenue
$0
Investment income
$9,317
Other revenue
$5

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$125,803
Other salaries and wages
$102,766
Salaries, compensation and benefits (total)
$264,061
Professional fundraising fees
$0
Accounting fees
$13,159
Occupancy
$8,298
Travel
$3,322
Depreciation
$12,007
Program services (functional)
$352,093
Management and general (functional)
$95,099
Fundraising (functional)
$21,547

Balance sheet and other

Total assets, start of year
$1,230,030
Total assets, end of year
$989,360
Total liabilities, end of year
$53,395
Net assets, end of year
$935,965
Land, buildings and equipment
$9,675
Net assets without donor restrictions
$896,499
Net assets with donor restrictions
$39,466
Gross receipts
$628,125
Employees
7
Volunteers
393
Year formed
2005
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
CARMITA BASSDIRECTOR
Trustee or director
1$0
LEIGH DAYDIRECTOR
Trustee or director
1$0
NIA DOAKSDIRECTOR
Trustee or director
1$0
JAN FRANTZDIRECTOR
Trustee or director
1$0
ANTWINE JACKSONDIRECTOR
Trustee or director
1$0
CHRISTOPHER MEREDITH1ST VICE PRE
Trustee or director, Officer
2$0
MATT MERLETTI2ND VICE PRE
Trustee or director, Officer
2$0
RON OTTAVIOSECRETARY
Trustee or director, Officer
2$0
KATHRYN RAYMONDPRESIDENT
Trustee or director, Officer
2$0
MARY JANE ROYALSDIRECTOR
Trustee or director
1$0
BEN SWANEYDIRECTOR
Trustee or director
1$0
NIYA FINVILLE SWINTDIRECTOR
Trustee or director
1$0
JUAN CARLOS VILLALOBOSDIRECTOR
Trustee or director
1$0
AUSTIN YARBERDIRECTOR
Trustee or director
1$0
WILSON ZHANGTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
193 HIGH HOUSE RD, CARY, NC 27511-6715
In care of
% JANIS L ELMO
Principal officer (990 for 2022)
SHERRY OVERTON SHUDRA
Signed the 990
SHERRY OVERTON SHUDRA, EXECUTIVE DIRECTOR
Return prepared by
SHARPE PATEL CPA

Mission

OUR MISSION IS TO STRENGTHEN LITERACY SKILLS AMONG UNDERSERVED ELEMENTARY SCHOOL CHILDREN, AND PROVIDE MEALS IN A NURTURING NEIGHBORHOOD ENVIRONMENT.

990 for the year ended June 30, 2023

Program accomplishments

  • WITH THREE MOBILE CLASSROOMS AND DOZENS OF PARTNERSHIPS WITH WCPSS, OTHER NONPROFIT AND COMMUNITY ORGANIZATIONS, READ AND FEED PROVIDED HIGH IMPACT TUTORING FOR 355 CHILDREN DURING THE ACADEMIC YEAR AND 1,188 STUDENTS WITH LARGE SCALE BOOK DISTRIBUTIONS ACROSS SUMMER SITES TO HELP REDUCE SUMMER LEARNING LOSS. THE ORGANIZATION PROVIDED NUTRITIOUS MEALS AND HEALTHY SNACKS, READING TUTORING AND AGE APPROPRIATE BOOKS AT NO CHARGE TO ALL OF THE CHILDREN ATTENDING THE PROGRAM. THERE WERE 23,391 BOOKS DISTRIBUTED THROUGH OUR PROGRAM, HELPING TO BUILD HOME LIBRARIES FOR MANY CHILDREN. OUR VOLUNTEERS DEVOTED 6,095 HOURS TUTORING STUDENTS AT 24 PROGRAM SITES. READ AND FEED ALSO HAD 516 TUTORING SESSIONS CONDUCTED FOR 4,918 HOURS INSTRUCTION, 358 SCHOOL SUPPLY BAGS ISSUED, 8,875 MEALS DISTRIBUTED, AND 8,340 HEALTHY SNACKS CONSUMED BY STUDENTS ATTENDING TUTORING SESSIONS.
    Expenses $352,093

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
20-3246207
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$989,360
Income (IRS master file)
$628,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$628,125$468,739$989,360XML
990June 2022$1,083,677$476,450$1,230,030IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3246207).

Questions about READ AND FEED

What is the EIN of READ AND FEED?
The employer identification number (EIN) of READ AND FEED is 20-3246207.
Is READ AND FEED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to READ AND FEED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does READ AND FEED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of READ AND FEED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did READ AND FEED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of READ AND FEED?
The 990 for the year ended June 30, 2023 names SHERRY OVERTON SHUDRA.
Who are the officers and directors of READ AND FEED?
The 990 for the year ended June 30, 2023 lists 15 people; 0 received compensation from the organization.
How much revenue does READ AND FEED have?
On its 990 for the year ended June 30, 2023 it reported revenue of $628,125, expenses of $468,739 and total assets of $989,360 at year end.

Other nonprofits in CARY

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